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Obtaining Mortgage when doing Contract Work.....
nadine84
Posts: 4 Newbie
My husband has decided to leave the Army after 13 years service to pursue as career in Close Protection (probably in Iraq or Maritime).
We are looking to buy a house, however we need around £40K deposit which we do not think we will have by the time his notice period ends with the Army.
The CP salary is a good one (and tax free as he's out of the country most of the time), so we would save a deposit in no time, but We were wondering if mortgages / mortgage insurance is easily obtainable on 12 month contract work (which will be renewed on a year by year basis)??
Thanks in advance for any advice....
Nadine xx
We are looking to buy a house, however we need around £40K deposit which we do not think we will have by the time his notice period ends with the Army.
The CP salary is a good one (and tax free as he's out of the country most of the time), so we would save a deposit in no time, but We were wondering if mortgages / mortgage insurance is easily obtainable on 12 month contract work (which will be renewed on a year by year basis)??
Thanks in advance for any advice....
Nadine xx
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